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About This Home
This 4-bedroom, 3-bathroom residential multi family at 120 N Howard Street in Indianola, IA is listed for $350,000 ($146 per sqft). Built in 1900, the home offers 2,400 sqft of living space on a 0.10 acres lot.
Prime mixed-use investment opportunity in the heart of downtown Indianola! 120 N Howard Street features a main-level commercial space with a long-term tenant of nearly 10 years, plus three upper-level apartments consisting of two 1-bedroom units and one 2-bedroom unit.
Each apartment includes a kitchen, living room and bathroom. One ground floor commercial space. Gross rent are $3,325/month. Additional income potential comes from a bonus storage space currently leased by a long-term tenant. Property features newer vinyl windows, electric baseboard heat, and separate electric and gas meters for each unit, with tenants paying their own electric and gas utilities.
Landlord pays water, trash, and taxes. Located directly across from the new Warren County Courthouse and on the town square, this property offers excellent visibility and convenience near dining, nightlife, shopping, and Simpson College. Street parking available. Strong rental history and prime location make this a great addition to any investment portfolio. Call today to schedule your private showing!
Key Features
- Built in 1900
- 0.10 acre lot
- 2 stories
Property Details
Amenities
Monthly Cost Estimate
$1,872/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
120 N Howard Street
Indianola, IA 50125
Property Details
Flooring
Construction
Heating
Cooling
Appliances
Questions & Answers
This 4-bedroom, 3-bathroom residential multi family at 120 N Howard Street is listed at $350,000 ($146/sqft). The estimated monthly payment is $1,517 based on 20% down at 6.5% interest.
Key features include: Built in 1900, 0.10 acre lot, 2 stories.
This property is listed by Ryan Rivera and can be reached at 5155545870 or Ryan@ZealtyNow.com.
